Vuzix is trading 8.87% down at $2.79 as investors continue digesting the $100 million at-the-market equity offering announced August 14, raising potential dilution concerns.
- Second-quarter revenue was $1.1 million, down 14% year over year, despite a narrower-than-expected loss.
- Vuzix rose 17.42% on August 14 before reversing lower on August 17.